Southeast Bank offers 15pc stock div

The board of directors of Southeast Bank Limited has recommended 15 per cent stock dividend for the year ended on December 31, 2017, said an official disclosure on Sunday.

In 2016, the company disbursed 20 per cent cash dividend. The final approval of the dividend for the last year will come during the annual general meeting (AGM) scheduled to be held on June 25 at Officers' Club in Dhaka.

The record date for entitlement of the dividend is on May 23.

There will be no price limit on the trading of the shares of the bank on Monday (April 30) following its corporate declaration.

Each share of the company, which was listed on the Dhaka bourse in 2000, closed at Tk 19.20 on Thursday last at the Dhaka Stock Exchange (DSE).

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